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    7387 N Mobile Ave Portland, OR 97217

    New
    For Sale
    $1,495,900

    MULTI_FAMILY - Portland, OR

    Property size:
    4,274 SF
    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 7387 N Mobile Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    RM2
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 8, Bathroom 9, Bathroom 6, Bathroom 4
    Bedrooms
    6
    APN
    New Construction
    Size
    4,274 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    2025
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition

    Keller Williams Realty Portland Premiere (503) 880-4905 [email protected]

    Listing agent Darryl Bodle (503) 597-2444

    Listing date Dec 3, 2025

    MLS# 678898068 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Fourplex: Investor Opportunity

    This attached fourplex property offers multiple income streams under one roof in a high-demand North Portland neighborhood. Each unit is individually metered. The property is fee simple, granting full ownership and control. All units are move-in ready, facilitating easy tenant turnover and minimizing downtime between leases. The property's location offers low vacancy risk, shared site costs, and simple management. Nearby amenities enhance its tenant appeal, including dining and bars like Casa Zoraya and Tulip Shop Tavern, coffee shops, and easy access to Peninsula Park. Walkable streets, bike-friendly routes, and transit access further contribute to tenant appeal. The property provides immediate cash flow with long-term upside in a growing Portland submarket. The property is 4,274 square feet and sits on a lot of 0.08 acres. The zoning is RM2.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.689634
    Latitude
    45.576537

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in North Portland with multiple income streams.
    Where is this quadplex located?
    The property is located at 7387 N Mobile Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,495,900.
    What are key features of this property?
    This property features: - Immediate cash flow with long-term upside in a growing Portland submarket.; - Multiple income streams from a 4-plex property.; - All units are move-in ready, minimizing downtime between leases.
    (503) 597-2444
    Request Owner's contact information
    7387 N Mobile Ave Portland, OR 97217
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    Portland, OR 97217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7387 N Mobile Ave Portland, OR 97217
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